Nash & Co Capital advises

Nash & Co Capital is delighted to announce that it has advised Egis S.A. (Egis) on its acquisition of Collaborative Project Management Services Limited (CPMS). Nash & Co also introduced the transaction to Egis.

Egis (www.egis-group.com) is a €1.22bn turnover construction engineering and mobility services group which operates worldwide and has a global workforce of 15,800 employees.

CPMS (https://www.cpmsgroup.com) was established in 2012 as a specialist project management business. Since its inception, CPMS has grown into a reputed provider of professional services in Enterprise Asset Management, Commercial, Programme and Project Management, Engineering and Construction, Design, Project Controls and Governance, Safety, Assurance, Sustainability and Environment in the rail, aviation and highways industries. CPMS has a turnover in excess of £8m and employs over 70 specialised staff.

The acquisition of CPMS enables Egis to strengthen its business influence in the UK and expand its operations to include a larger and more diverse portfolio of proven skills, expertise and experience, thus further positioning itself as a key player within several industries.

Adrian Pritchard, who led the deal team at Nash & Co, said “This was a very important transaction for us, acting for a substantial multi-national construction consultancy firm in a cross-border acquisition. Having specialised in the construction sector now for almost two decades, we are very well-placed to advise on this type of transaction, both from the buy-side and also from the sell-side. There were many challenges to overcome including achieving agreement on valuation and structure amidst the disruption of the COVID pandemic. We would like to thank Egis for entrusting us with this important deal and wish Egis and CPMS every success with their collaboration.”

Olivier Bouvart, Chief Executive Officer of Egis’ Business Unit Rail commented “The British market is a strategic and developing market with significant potential and many projects to come, whether in the field of urban or rail transport. This acquisition is a great opportunity to extend our strengths in the UK and Ireland and thus allow Egis to expand in this market. We are delighted to welcome the CPMS employees into our Group and I am convinced that the synergies generated will enable our companies to develop further on the British market and worldwide.”

Mat Baine, Chief Executive Officer of CPMS said “This acquisition brings together two complementary businesses, in terms of professional expertise, ambition and corporate values. Both Egis and CPMS share similar cultures with common views on ED&I, Sustainability and Innovation. We each strive to provide high-quality service offerings to our clients and to support the professional and personal growth of our people. This acquisition enables us to strengthen our existing portfolio in the UK, whilst it also creates a platform for our workforce to further develop their careers by accessing worldwide opportunities within the Egis Group.”